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Life Style
Kenyan Shilling Strengthens, Stocks Edge Higher on Foreign Inflows
Last week, the Kenyan Shilling strengthened further against the US Dollar, closing the week at KSh 129.14 from KSh129.54 the…
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Life Style
Kenya Re-Insurance Half year Profits Drop By 10%
Kenya Re-Insurance Corporation Limited has posted a 10 percent drop in profits after tax to KSh 1.06 billion in the…
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Fitch Downgrades KCB, NCBA, I&M, Upgrades Stanbic to Stable
Fitch Ratings, a global credit rating firm, has downgraded KCB Bank Kenya, NCBA Bank Kenya and I&M Bank and their…
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Kakuzi Half Year Profits Triple on Higher Macadamia, Avocado Revenue
Kakuzi Plc, a listed agricultural firm, has posted KSh347.5 million net profit for the 6 months to June 2024 –…
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Bonds Turnover Crosses the KShs. 1 Trillion Mark at the NSE
The value of bonds traded in the secondary market at the Nairobi Securities Exchange (NSE) has crossed the KSh 1…
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Central Bank Seeks KShs 15 Bn in 17 year Tapsale
The government has returned to the market seeking an additional KSh 15 billion in a tapsale of the August Issue…
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NCBA Group Posts KSh9.8 Billion Profit in H1 2024
NCBA Group has posted a 5 per cent increase in half year profit to KSh9.8 billion compared to the same…
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Life Style
KCB Posts 86% Jump in Profits to KSh29.9 Billion in H1 2024
KCB Group has posted an 86.4 per cent jump in profits to KSh29.9 billion in the first half of 2024…
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Life Style
S&P Downgrades Kenya to B- on Weaker Fiscal and Debt Trajectory
S&P Global Ratings has lowered Kenya’s credit rating to ‘B-‘ from ‘B’, citing withdrawal of the controversial Finance Bill 2024…
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CBK Stops Bond Trade Commissions One Year After DhowCSD Launch
The Central Bank of Kenya (CBK) will cease paying commissions to licensed securities dealers, stock brokers and custodian banks starting…
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